After scoring a major win in the election this week, President-elect Donald Trump is widely expected to move quickly on a broad agenda when taking office next January. He has made it clear this will include a number of issues critical to the auto industry, including tariffs and EVs. That presents some significant opportunities for manufacturers, but also poses quite a few risks, said a senior Toyota executive who spoke to Headlight.News shortly after Trump’s victory was confirmed.
Month: November 2024
Toyota Earnings Hit by Sales, Quality, Production Issues
In a rare and unexpected setback, Toyota suffered a 20% dip in its operating profit for the most recent quarter, the automaker hit by a variety of problems including recalls and quality snags that delayed the launch of the new 4Runner. But a senior U.S. official said the Japanese giant expects to get back on track in months ahead.
Nissan’s Next Nismo Model Promises To Be a Beast
Nissan’s next Nismo model is rumored to be an SUV but promises to be a beast as Nissan prepares to shake up the performance SUV order.
Rising Inventory Levels Giving More Power to New Vehicle Buyers
New data reveals that consumers may be in the driver’s seat when it comes to getting a good deal on a new vehicle. According to Cloud Theory, new vehicle inventory levels are approaching oversupply, which shifts things in favor of new vehicle buyers. Get details at Headlight.News.
EV Start-Up Canoo Teeters Over the Edge
With its losses mounting and stock price tumbling, Canoo appears to be the latest EV start-up to face the threat of collapse. The company furloughed 30 employees at its factory in Oklahoma, even as two more of its top executives resigned.
Aston Martin’s Cash Burn Puts The Pressure on British Brand
Aston Martin’s cash burn grows to $1.8 million a day as the British automaker prepares to enter another period of tough times.
Automakers Flock to SEMA Show to Display Latest Aftermarket Wares
One area that often gets lost in the shuffle for automakers is their aftermarket business. However, each year they all converge on Las Vegas for the annual SEMA show to show off what consumers can buy to make their vehicles go faster, be louder, ride higher or go more places. Headlight.News offers a sampling of what you can find at the show.
The Past Lane: Happy Anniversary Chevrolet Small-Block
After seven decades, Chevrolet’s second V-8 is an engineering and performance icon. And the bowtie brand’s very survival is tied to that small block engine.
Politics Becoming Less of a Factor in Who Buys – or Rejects EVs
Among all the divisive issues that the 2024 presidential race has brought to the fore you can add battery-electric vehicles. Studies have shown a clear divide between Democrats and Republicans when it comes to EVs – but a new study suggests that, going forward, who you vote for might have less of an influence on whether you go electric in the future.
Kia Unveils 2026 Sportage, Comes With New Updates
Kia makes tasteful updates to the Sportage for 2026 as it adds more technology and a new transmission into the mix. Korean market gets the 2026 Sportage first but it will eventually be coming to the U.S.
Jeep Slashes Prices on Wagoneer, Grand Wagoneer to Counter Weak Demand
Been eyeing one of the Jeep Wagoneer or Grand Wagoneer models but turned off by the high price tag? Then you’ll likely appreciate the automaker’s decision to slash prices by as much as $7,000 on new 2025 models – though you also can expect retailers to start offering good deals on leftover 2025 SUVs.
Headlight.News For The Week of 11-4-2024 – Car Sales Surge – Losses for Ford and Stellantis – Hyundai Drops Clues About Ioniq 9 and More
In this week's episode of the podcast we talk about the surge in car sales, Hyundai dropping hints about the Ioniq 9, and big losses for Ford and Stellantis. We also go for a spin in the Nissan Kicks and take a look at this week in Automotive history Click Here to...